The real estate industry yesterday sent “reassuring” signals to tenants about the changes to Commercial Law (No 27 of 2006). “The law can’t really be applied to rental and tenancy laws in the country.
We are obliged to give priority to the rental law,” Fine & Country realty firm’s country manager Mounir Bensegueni told Gulf Times. An official at Al Asmakh Real Estate Development said they had been instructed by the management to give assurance to tenants. “Tenants who have called inquiring about the change have been told that an addendum will be added to their contracts by us saying we will not cash their cheques before the due dates they have written on them,” the official said.
The real estate industry yesterday sent “reassuring” signals to tenants about the changes to Commercial Law (No 27 of 2006). “The law can’t really be applied to rental and tenancy laws in the country.
We are obliged to give priority to the rental law,” Fine & Country realty firm’s country manager Mounir Bensegueni told Gulf Times. An official at Al Asmakh Real Estate Development said they had been instructed by the management to give assurance to tenants. “Tenants who have called inquiring about the change have been told that an addendum will be added to their contracts by us saying we will not cash their cheques before the due dates they have written on them,” the official said.